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Intro to Healthcare Finance & Accounting

Master the financial and accounting principles unique to the healthcare industry. This course provides you with the tools to understand revenue cycles, manage costs, and tackle the regulatory challenges specific to healthcare organizations.

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Access all courses starting at $25/month.

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1 hour

📖

10 Lessons

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1.0 NASBA CPE Credits

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Language: English

Course Description

The healthcare industry operates in one of the most complex financial and regulatory environments, making specialized knowledge in healthcare finance and accounting essential. This course is designed to equip you with the skills and insights needed to navigate these challenges with confidence.

From understanding the financial structure of healthcare organizations to analyzing their unique revenue cycles and pricing models, you’ll gain a comprehensive overview of the key elements that drive financial success in this sector. We’ll explore the differences between for-profit and nonprofit healthcare entities, discuss regulatory compliance, and address common financial objectives and accounting challenges.

Whether you’re a CPA, financial analyst, or manager, this course will empower you to better understand and contribute to the financial health of healthcare organizations.

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Course Objectives...

✅  The unique financial structure and revenue cycles of healthcare organizations

✅  Common healthcare pricing models, such as fee-for-service and value-based pricing

✅  Key accounting challenges, including regulatory compliance and nonprofit tax-exempt status

✅  How to analyze and manage operating costs and capital expenditures

✅  Strategies for aligning financial reporting with organizational goals

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How you'll apply these skills...

  • Optimize financial operations: Use your knowledge of revenue cycles and cost management to improve efficiency in healthcare organizations.
  • Enhance decision-making: Provide actionable financial insights to guide strategic decisions for both for-profit and nonprofit healthcare entities.
  • Ensure regulatory compliance: Apply your understanding of healthcare laws and standards, such as HIPAA and tax-exempt requirements, to avoid costly fines and maintain public trust.
  • Support mission alignment: For nonprofit organizations, demonstrate how to use financial data to measure mission-related outcomes and retain tax-exempt status.
  • Drive financial stability: Contribute to long-term success by evaluating financial health, managing risks, and ensuring sustainable operations.

Additional Info

📚  Course Level
      Basic

📖  Instructional Method
      QAS Self Study

📂  Advance Preparation
     None 

📝  Format
      3-6 min. videos, 6 quizzes, 1 final exam

🖥️  Field of Study
      Computer Software & App

💼  CPEs
      6.0

📋  Prerequisites
      You should have an intermediate knowledge of Excel (e.g. IF statements, VLOOKUP, COUNTIFS, etc.). If you are not comfortable with Excel, we recommend taking our Microsoft Excel Bootcamp.

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Access all courses starting at $25/month.

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Copyright © 2025 Wisdify, Inc. All Rights Reserved. Wisdify, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Corey

Corey is the owner of Wisdify.  He is passionate about learning and development, he loves helping people achieve their professional and personal goals. Corey is a big believer in the power of online learning and community with 15 years of finance and accounting experience.

Kelsey Murphy

Kelsey is Wisdify’s expert content developer. Taking feedback from our students, Kelsey creates extremely relevant blog posts and leads the development of Wisdify’s other free resources.

Prior to Wisdify, Kelsey worked as a business technology strategy consultant for Forrester, a global research and advisory firm. While there, she acted as project manager for numerous research-based consulting projects.

Kelsey earned a BA in Economics and Mathematics from Wellesley College.

Madison Bess

Madison oversees the social media strategy at Wisdify and makes sure we stay closely connected with our students, receive their feedback, and provide our students with valuable information.

Prior to Wisdify, Madison successfully ran the social media accounts for multiple companies. She also found time to start her own personal training company (which she still runs).

Madison earned a BA in English from Brigham Young University.

Maryn Coughran

Maryn is a co-founder and leads the marketing and outreach efforts at Wisdify. She ensures we are connecting with our customers, hearing their feedback, and then implementing their suggestions.

Prior to Wisdify, Maryn co-founded (along with Nate) BostonExcel, a Microsoft Excel training company that worked with dozens of companies in virtually every industry. Maryn’s clients included numerous Fortune 1000 companies, prestigious universities, startups and everything in between. She also happened to write and illustrate a children’s book. Let’s just say she’s a woman of many talents.

Maryn earned a BA in Economics from Wellesley College.

Joe

Joe is the owner of Wisdify.  He is passionate about learning and development, he loves helping people achieve their professional and personal goals. Joe is a big believer in the power of online learning and community with 20 years of finance and accounting experience.

 

The Buckaroos

Gwyn, Jack, and Kate are the adorable tow-heads that lead up Wisdify’s campaigns on cuteness, energy, and sleep-deprivation.